Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
Research by the Centre for Economic and Business Research (CEBR) found that average mortgage payments across the UK could rise from their current monthly levels of Â£666 per month to Â£687 a month in the most likely scenario. This would add an extra Â£21 a month to payments, or Â£252 a year.